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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 551 · 40 questions
TalentJR

Business tip (Save, grow, borrow carefully): Saving keeps money for later; reinvesting puts profit back into the business; spending uses it on yourself. Part of the profit = profit × percent ÷ 100. Simple interest = P × R × T ÷ 100; amount to pay back = loan + interest. Borrow only with your parents.

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  1. 1.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  2. 2.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  3. 3.Ishaan’s stall made a profit of ₹1300. Ishaan saves 10% of it. How many rupees are saved?
  4. 4.💡 Before borrowing, what should you ask? (a) what is the logo? (b) how fast can I spend? (c) nothing (d) can I pay it back?
  5. 5.Gurpreet’s stall made a profit of ₹800. Gurpreet saves 10% of it. How many rupees are saved?
  6. 6.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  7. 7.Rohan’s stall made a profit of ₹1300. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  8. 8.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  9. 9.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  10. 10.🏦 Interest on a loan is… (a) free money (b) the cost of borrowing (c) a discount (d) a gift
  11. 11.Which of these is spending on yourself? (a) buying a second juicer (b) better paint for cards (c) profit put in a bank (d) a new video game
  12. 12.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  13. 13.Which of these is saving? (a) buying a second juicer (b) profit put in a bank (c) a cinema ticket (d) sweets for yourself
  14. 14.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  15. 15.Zoya’s stall made a profit of ₹1400. Zoya saves 20% of it. How many rupees are saved?
  16. 16.Vihaan’s stall made a profit of ₹500. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  17. 17.Farhan’s stall made a profit of ₹1900. Farhan saves 25% of it. How many rupees are saved?
  18. 18.Meera’s stall made a profit of ₹700. Meera saves 50% of it. How many rupees are saved?
  19. 19.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  20. 20.Saanvi’s stall made a profit of ₹1700. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  21. 21.Saanvi’s stall made a profit of ₹600. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  22. 22.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  23. 23.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  24. 24.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  25. 25.Which of these is reinvesting in the business? (a) better paint for cards (b) an emergency fund (c) profit put in a bank (d) a new video game
  26. 26.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  27. 27.Riya’s stall made a profit of ₹200. Riya saves 20% of it. How many rupees are saved?
  28. 28.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  29. 29.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  30. 30.Ananya’s stall made a profit of ₹600. Ananya saves 10% of it. How many rupees are saved?
  31. 31.Diya’s stall made a profit of ₹600. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  32. 32.Which of these is spending on yourself? (a) sweets for yourself (b) an emergency fund (c) profit put in a bank (d) better paint for cards
  33. 33.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  34. 34.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  35. 35.Kabir’s stall made a profit of ₹1600. Kabir saves 10% of it. How many rupees are saved?
  36. 36.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) borrow online alone (c) talk to parents (d) ask strangers
  37. 37.📆 Why repay a loan on time? (a) it does not matter (b) to keep trust (c) to pay more interest (d) to lose friends
  38. 38.🐷 Why save part of the profit? (a) no reason (b) to waste it later (c) saving is a loss (d) for bad days and goals
  39. 39.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  40. 40.Tara’s stall made a profit of ₹1300. Tara saves 20% of it. How many rupees are saved?

Answer key

  1. spending
  2. 412
  3. 130
  4. can I pay it back?
  5. 80
  6. 660
  7. 585
  8. 515
  9. 80
  10. the cost of borrowing
  11. a new video game
  12. saving
  13. profit put in a bank
  14. reinvesting
  15. 280
  16. 250
  17. 475
  18. 350
  19. 36
  20. 425
  21. 210
  22. saving
  23. 530
  24. reinvesting
  25. better paint for cards
  26. 15
  27. 40
  28. 48
  29. 848
  30. 60
  31. 240
  32. sweets for yourself
  33. saving
  34. 64
  35. 160
  36. talk to parents
  37. to keep trust
  38. for bad days and goals
  39. 720
  40. 260

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